Tribunal thumbs up £260m legal settlement against Google Lawsuit A UK specialist court has greenlit a £260m settlement in a class action against Google’s parent company, Alphabet, following an agreement last week. The settlement is the largest payout for class members the Competition Appeal Tribunal (CAT) has ever approved, though it is significantly lower than the £1.04bn the claim was estimated to be worth [...]
Surge in third-party funding sparks wave in FTSE shareholder lawsuits Lawsuit A surge in the availability of third-party funding has triggered a wave of speculative FTSE shareholder lawsuits as investors seek to cash in on claims of wrongdoing. Over the last year, multiple blue-chip names, including gambling giant Entain, smoking tycoon British American Tobacco (BAT), and fast fashion retailer Boohoo, have been summoned before the High [...]
Google to pay £260m to settle ‘unfair’ pricing class action lawsuit Lawsuit Google’s parent company, Alphabet, has agreed to pay £260m to settle a class action lawsuit that alleged the US company imposed “unfair and excessive” charges on app developers selling apps on the Google Play Store. The case, brought to the Competition Appeal Tribunal (CAT) by competition law professor Barry Rodger on behalf of UK app [...]
Litigation funders need certainty to keep Britain’s class action regime fair August 21, 2026 Litigation funding is an exceptionally risky business, which current delays and uncertainty over new rules is worsening, writes Leslie Perrin.
Magic Circle firm Linklaters sees partner profits soar to £2.5m after record year July 21, 2026 Partners at magic circle law firm Linklaters saw pay packets double after the firm had its third consecutive year of double-digit profit growth. For its year to 30 April, 2026, Linklaters reported record revenue of £2.47bn, up nearly 7 per cent, and pre-tax profit of £1.2bn, up over 11 per cent, after hitting the billion-pound [...]
Kemi Badenoch’s economic revolution could set the City free July 14, 2026 Abolishing bank ring-fencing, recalibrating capital requirements, and replacing the Financial Ombudsman Service are essential steps to remove stifling regulations and reignite growth, says Norbert Sobolak No political party in Britain has set out a positive agenda for the financial services sector since the 2008 crisis. The reticence is understandable; after 2008, defending finance won no [...]
UK ‘no longer a serious place’ says Hedge fund boss after losing £200m tax battle July 1, 2026 Hedge fund Bluecrest Capital Management, founded by the UK’s wealthiest financier, said the UK is no longer “a serious contender” as a place to do business after it lost a £200m battle with the tax man, in a ruling that could now leave the wider hedge fund and professional services industries facing a hefty bill. The [...]
Housebuilding giants hit with £4.5bn lawsuit for allegedly overcharging buyers June 30, 2026 Seven of Britain’s largest housebuilders are facing a class action lawsuit worth a potential £4.5bn in damages over allegations they overcharged 700,000 buyers of new-build properties. Mark McLaren, former parliamentary and legal affairs manager at consumer group Which?, is planning on launching the claim against FTSE 100 firms Barratt Redrow and Persimmon, FTSE 250 companies [...]
Uber slams £340m London cabbie case as ‘completely unfounded’ June 30, 2026 Uber slammed a court case brought against it by thousands of black cab drivers as “completely unfounded” on Monday as the £340m lawsuit headed to trial. The preliminary hearing, which took place at the High Court, marks the first major test in one of the UK’s biggest competition and damages claims, brought by the 13,000 [...]
Regulator wins decade-long pricing tussle with Pfizer June 19, 2026 The UK competition watchdog has won permission to appeal in a case against US pharmaceutical giant Pfizer after a long-running legal battle over allegations of excessive pricing, overturning a previous decision by the Tribunal. The court said the Competition Appeal Tribunal (CAT), was “wrong to set aside the [Competition and Market’s Authority’s] decision” in relation to [...]